Deck 41: Nature of Real Property

Question 1

Nine states in the U.S.A. recognize a form of ownership called community property.

Answer 1

True

Question 2

Annual crops, such as corn or soybeans, and severed vegetation are considered to be _____ .

A) real property
B) personal property
C) immovable property
D) lifetime property

Answer 2

B

Question 3

A tenancy by the entirety can exist only between a husband and wife.

Answer 3

True

Question 4

Personal property attached to land or a building that becomes a part of the land is known as a(n) _____.

A) fixture
B) installment
C) tenant
D) attachment

Question 5

A fee simple owner of property, whether real or personal, has the right to possess the property for a limited time.

Question 6

Define adverse possession.

Question 7

_____ consists of land, including the actual soil, and all permanent attachments to the land, such as fences, walls, and other additions.

A) Fictitious property
B) Movable property
C) Intangible property
D) Real property

Question 8

A person owning an estate for a lifetime is called a life owner.

Question 9

A _____ occurs when two or more people own property such that when one owner dies, that owner's interest in the property passes to a person named in the deceased's will.

A) tenancy by default
B) tenancy in common
C) tenancy by the entirety
D) public tenancy

Question 10

A _____  is the largest and most complete right that one may possess in property.

A) remainder estate
B) communal estate
C) life estate
D) fee simple estate

Question 11

A color of title arises from some defective document purporting to be a deed or a will.

Question 12

An easement gives an exclusive right to possession.

Question 13

Dirt deposited along the boundary of real property is not added to it.

Question 14

Minerals under the soil and the waters on it are not considered real property.

Question 15

Personal property becomes real property if it cannot be removed without damaging the property.

Question 16

A _____ exists when two or more people own property and on the death of one, the remaining owner(s) own the entire property free of any interest of the deceased.

A) joint tenancy
B) tenancy in common
C) tenancy by default
D) tenancy by possession

Question 17

Which of the following best describes partition?

A) A tenancy in entirety ended due to incapacity of one or more tenants
B) A joint tenancy destroyed by the death of two or more owners
C) A joint tenancy destroyed by one joint tenant suing for a division of the property
D) A tenancy in common ended by the death of one or more owners

Question 18

Crops such as clovers and grasses are classified as real property until severed from a land.

Question 19

_____ is the addition to land as a result of the gradual deposit by water of solids.

A) Reversion
B) Adverse possession
C) Accretion
D) Aquation

Question 20

An individual may acquire title to real property by occupying the land owned by another for a period fixed by statute.